expat adventure

Take your kids on an expat adventure – 5 reasons why

Although we specialise in tax for Australian expats, we also know that for many of us, when offered an international posting, there’s a lot more to worry about than expat tax returns in Australia and so in this article we’ll take a look at some of the more practical aspects for your family of your potential Aussie expat adventure.

With that in mind, we know from speaking with many Australian expats that their first thought is often “how will this affect my family?”.

If your partner and/or children are well settled at home, what are the risks of whisking them away overseas?

While it’s true that expat life poses many challenges, it can also present incredible opportunities for your children. Aside from the opportunities that you’ll be presented with career-wise, here are five reasons (nothing to do with work) why you should seriously consider making the move overseas with your family:

1. Learning another language

Learning another language is fun, exciting and opens up new worlds. Plus, when your children enter the workforce, they’ll have an advantage over their peers, especially if they’re interested in pursuing international careers.

2. Developing confidence

Changing schools, making new friends and adapting to another country might not be easy. However, once your children have conquered the change, they’ll have the benefit of a new-found confidence. If later in life, they consider school exchange, tertiary study overseas or an international promotion, they’ll have the resources to prepare themselves.

3. Open mindedness

By living in another culture, your children are highly likely to become more open-minded. Rather than knowing only their own way of life, they’ll learn cultural differences and alternative opinions. While, these can be taught through other means, such as the media and school lessons, there’s simply no substitute for firsthand experience.

4. Working together as a family

Given that the whole family will be adapting to a new country, this is an opportunity to learn to work together better than ever before. Many expats decide to involve their children directly, by giving them extra responsibilities. For example, before leaving, you could ask your child to identify various landmarks on the map, research what resources will and will not be available and research the nation’s history and background.

5. Building an international network

Chances are, the friends your children make as expats will become friends for life. When they’re over 18 and ready for independent travel, they’ll have an entire network ready to help, with places to stay and, quite possibly, employment possibilities.

Shane Macfarlane
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Shane Macfarlane

CEO & Founder at Expat Tax Services
Shane's an Australian Chartered Accountant and Australian expat tax specialist who's also an expat himself (based in Asia).Shane's passionate about tax and legitimate tax minimisation, particularly as it relates to Australian expats who are often subject to high rates of tax back home in Australia.Beyond tax and accounting, Shane's an entrepreneur, having devised, created and founded a successful accounting startup, Fifo Workpapers (acquired by accounting software giant, Intuit inc. in 2013)

In short Shane's a tax and software techno-geek, who recognised that Australian expats were unable to obtain the specialist advice and quality service, that they needed from their accountants. Accordingly, Shane founded Expat Tax Services to provide Australian expats with access to specialist, quality advice at fair and reasonable prices (no hourly rates, fees quoted upfront with unlimited support included) . . . receive the support and advice you need without having to take second-mortgage to pay your accountant's bill! Speak to Shane & the team today.
Shane Macfarlane
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